Question

Classify the following accounts into Assets, Liabilities, Capital, Revenue/Gains and

Expenses/Losses.

a. Cash A/c b. Purchases A/c c. Drawings A/c

d. Computer A/c e. Buildings A/c f. Salary A/c

g. Interest on investments

A/c

h. Sales A/c i. Outstanding Salary A/c

j. Creditors A/c k. Purchases A/c l. Bills Receivable A/c​

Answer 1

Explanation:

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